To all with student loans

[Moscow Mule]

, so why should student loans? <snip> I want my money back;

Thing is, you're getting more than your money back - which wasn't the deal.

It's not your money anyway, it's Gordon's.

[Doggy Styles]

It's only fair. Your fees also have to cover Scottish students, who don't pay.

[Pickle2]

So the state subsidies your education AND gives you low interest loans to live on, and then you expect them to pay interest on the total amount to you just because RPI goes negative.

Get a grip and come back to the real world. The world doesnt owe you a living, let alone free money based on your own debts.

[swamp]

What they've done is use a clause that states they don't necessarily have to charge interest. Basically, they're trying to weasel their way out of a pledge (as usual).

So the Student Loans Company are on an even stronger footing than the mortgage vendors who simply refuse to charge below 0% for some of their tracker customers.

I cannot for the life of me see why we (the taxpayers) should give even more money to students, over and above free loans. All they will do is piss it up against the wall!

[The Lone Gunman]

So the Student Loans Company are on an even stronger footing than the mortgage vendors who simply refuse to charge below 0% for some of their tracker customers.

I cannot for the life of me see why we (the taxpayers) should give even more money to students, over and above free loans. All they will do is piss it up against the wall!

It is not giving them mor emoney is it?
It is reducing the size of the debt.

I can not see why any lender should be obliged to do this mind. If you borrow 10K then you pay back 10K plus interest.

[swamp]

It is not giving them more money is it?
It is reducing the size of the debt.

That's like Gordon Brown saying National Insurance isn't tax!

I lend you £50, say, and you pay me back £45. Did I give you a fiver or did I just reduce the size of your debt?

[The Lone Gunman]

That's like Gordon Brown saying National Insurance isn't tax!

I lend you £50, say, and you pay me back £45. Did I give you a fiver or did I just reduce the size of your debt?

Do I have an extra fiver to spend? I am a fiver better off because I do not need to pay it back but I have not been given any extra money.
In the students case it is years down the line that they could be considered to be better off anyway.

[Moscow Mule]

So the state subsidies your education AND gives you low interest loans to live on, and then you expect them to pay interest on the total amount to you just because RPI goes negative.

Get a grip and come back to the real world. The world doesnt owe you a living, let alone free money based on your own debts.

So the Student Loans Company are on an even stronger footing than the mortgage vendors who simply refuse to charge below 0% for some of their tracker customers.

I cannot for the life of me see why we (the taxpayers) should give even more money to students, over and above free loans. All they will do is piss it up against the wall!

I don't know why this is so hard to understand - do you actually understand how -ve inflation works?

The loan is supposed to be zero interest in real terms.

Are you suggesting that tomorrows doctors, nurses, teachers, architects etc etc should be paying top dollar for their education or that only kids with rich parents should do those jobs? Because that is the logical extension of your arguments.

Edit: Caveat - Art students can go f themselves though. Lazy workshy fops. Stop listening to the levellers, get a job, get a haircut and stop robbing me of my taxes.

[expat]

It's only fair. Your fees also have to cover Scottish students, who don't pay.

No, your fees do not cover that. Scottish students don't pay fees in Scottish Universities because the Scottish Government covers them. This, like all the expenditure of the Scottish Government, is not a cost to the British/English taxpayer either, but simply a case of spending allocation being decided in Edinburgh rather than in London.

And Scotland of course extends reciprocity to students from other countries, that is, if your country doesn't make Scottish students pay at your universities, then your students don't have to pay at Scottish universities; conversely, if your country does make Scots pay, Scotland makes your students pay. And that is fair.

[Doggy Styles]

No, your fees do not cover that. Scottish students don't pay fees in Scottish Universities because the Scottish Government covers them. This, like all the expenditure of the Scottish Government, is not a cost to the British/English taxpayer either, but simply a case of spending allocation being decided in Edinburgh rather than in London.

Is there no net flow of British taxpayers money to Scotland any more then?